YEARLY HIGH
2731.4776 STD
YEARLY LOW
2604.1716 STD
YEARLY AVERAGE
2665.9767 STD

2021 HKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 2731.4776. Conversely, the yearly low was recorded on February 15, dropping to 2604.1716.

This high-to-low spread represents a total annual volatility of 127.3060 STD. From a start-to-finish perspective, comparing the January average rate of 2638.4473 to the December average rate of 2720.3789, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2731.4776 was down 4.34% compared to the 2020 peak of 2855.3624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 68,286,940 STD
2020 Average 69,353,626 STD
Yearly Trough Low 65,104,291 STD
Transaction Impact: A difference of 3,182,649.10 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2729.5589
2619.3981
JanuMarcMayJulySeptNove

HKD to STD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2649.6553, compared to 2682.2981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 32.6428 points.

H1 Avg (Jan–Jun) 2649.6553
H2 Avg (Jul–Dec) 2682.2981

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 63.4075 STD (High: 2681.1082 / Low: 2617.7008). On the other end, May was the most stable month, with a tight range of 2.9782 STD (High: 2672.0905 / Low: 2669.1124).

March Spread (Volatile) ±63.4075
May Spread (Stable) ±2.9782

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 26.7426 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -26.7426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2720.3789) against the same month in 2020 (average: 2666.8768), the exchange rate shifted by +53.5021 (+2.01%).

2021 Avg (December) 2720.3789
2020 Avg (December) 2666.8768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2641.7113 2629.8646 2638.4473
February 2640.3289 2604.1716 2628.5782
March 2681.1082 2617.7008 2646.8668
April 2680.1176 2658.2572 2669.8139
May 2672.0905 2669.1124 2670.4842
June 2673.3824 2621.3607 2643.7416
July 2663.8455 2641.9961 2652.3192
August 2674.4758 2655.0635 2663.9662
September 2701.0165 2658.0339 2664.9319
October 2701.4779 2683.8514 2691.6425
November 2719.7718 2685.5991 2700.5497
December 2731.4776 2714.3193 2720.3789